Reference Objects

• Town: Hamburg
• District: Marienthal
• Year built: ca. 1930
• Year of the transaction: 2010

This residential complex was built in a red clinker brick construction, typical for Hamburg in the 1930s. The ‘Bauhaus’ style can be seen in some sections of the complex. Many features of interior fittings and design – especially parquet floors and sliding doors as room dividers – reflect the work of this famous school of master builders. The property was acquired by an investor from Scandinavia at a price of approx. € 1,400/m². This complex combined with the pleasant, conservative environment should provide the basis for long-term successful investment.

• Consulting / Research
• Town: Hamburg
• District: Downtown
• Year of the transaction: 2010

This former Post Office building is a listed property currently being redeveloped and re-designed. Within this context it was essential to set up a structure of use for the lower levels. Decision criteria were required for further planning and intended future retail lease, which considered the specific features of this location.
On account of this, the customer requested i.a. a more detailed frequency count and further empirical data based on extensive pedestrian questionnaires. The result – a comprehensive analysis of the location.

• Town: Hamburg
• District: Barmbek
• Year built: 1937
• Year of the transaction: 2009

The property investment is located within a district constantly developing in a positive direction. A visual experience currently is various larger building projects. Amongst others the new design and redesign of Barmbek Station has started. Fuhlsbüttler Straße presents itself between the station and Hellbrookstraße as a construction redevelopment area.

The solid property was acquired by a private investor at a price of approx. €1,250 per square metre living space. Due to the complex framework conditions – development of the district, population structure, real estate type, etc. – an above-average added value could be expected in the medium and long term.

• Town: Hamburg
• District: Altona Old Town
• Year built: about 1930
• Year of the transaction: 2008

In the form of a so-called "share deal" the shares of a holding company of the training building comprising approx. 4,200 sq. metres were sold to a real estate developer. The building was rebuilt into a residential building. The location has a beneficial infrastructural environment which promises that the planned residential lofts will enable optimum marketing conditions in the future.

• Town: Hamburg
• District: St. Pauli
• Year built: about 1890
• Year of the transaction: 2008

The residential building is strongly in need of redevelopment measures. The property was acquired at a price of € 859.-/sq. m. of residential area. It is common knowledge that the district has changed from formerly being on the wrong side of town to an attractive residential quarter. The property was acquired by a building contractor with special experience in redevelopment.

• Town: Hamburg
• District: Heimfeld
• Year built: about 1900
• Year of the transaction: 2000

At the time of sale the Gründerzeit building was strongly in need of redevelopment measures. The property was acquired and redeveloped by a private investor.

• Town: Hamburg
• District: Ottensen
• Year built: Around 1900 and later
• Year of the transaction: 2007

The building has a varied historic building stock. Distinct development reserves are available, among others, that of closing the block side in the road region is evident. The grantee is a local project developer.

• Town: Hamburg
• District: Ottensen
• Year built: About 1890
• Year of the transaction: 2004

This object needed redevelopment and had reserves for extension. The new, financially strong grantee has already realized the reorganization and redesign.

• Town: Hamburg
• District: Ottensen
• Year built: before 1900
• Year of the transaction: 2000

The old-established company could not convert to modern production conditions in the densely populated surroundings and within the old building substance. With the support of business promotion, the firm purchased a new piece of real estate in the Hanseatic city. The grantee is a private investor who can profit, for example, from the benefit of increased tax depreciation.

• Town: Hamburg
• District: Lokstedt
• Year built: 1970
• Year of the transaction: 2005

An object in the surroundings of the Hagenbeck zoo with utilization units that are no longer up-to-date and with building reserves. The grantee is a private investor.

• Town: Hamburg
• District: Barmbek
• Year built: 1930 and later
• Year of the transaction: 2005

Piece of real estate of an insolvent, long established engineering works. The plot has great building reserves. The grantee is a private investor.

• Town: Hamburg
• District: Eimsbüttel
• Year built: Before 1900
• Year of the transaction: 2006

Historical housing development with the need for reconstruction situated in an upcoming area. The grantee is a property developer who concentrates on stock development.

• Town: Hamburg
• District: Ottensen
• Year built: Before 1900
• Year of the transaction: 2002

A business estate from which old building stock has been removed. The grantee is a housing cooperative. Quick clearing of the old building stock, now gone, was delayed by a business rental agreement with a long-term option clause.

• Town: Hamburg
• District: Heimfeld
• Year built: About 1935
• Year of the transaction: 2004

Considerable areas of the housing development have a distinct need for modernization and repair. The surrounding living area is predominately characterised by a low-income population. This fact was taken into consideration in the purchase price of 450 € per m2 living space. The property was purchased by group of private investors.

• Town: Hamburg
• Year of the transaction: 2009
• Grundstück verkaufen Hamburg

In principle, the building structure of the premises erected shortly after the war was mainly intact. However, it was not possible to ensure appropriate exploitation of commercial use available. In addition, the energetic standards i.a. were also not in compliance with current requirements. The option of higher structural utilization had a positive influence on the selling price. Town houses are to be built here in future. A price of approx. 600.-/m² was paid. Pricing also included considerations concerning costs for clearing.

• Town: Hamburg
• District: Ottensen
• Year of the transaction: 2000

The plot was purchased by a property developer. In the meantime, an attractive housing estate has been built on the plot that was previously used for commercial purposes. A vey experienced architect’s office realized the design planning and the implementation of it in the construction.

• Town: Hamburg
• District: Harburg
• Year built: before 1900
• Year of the transaction: 2003

The property is in the environment of the Technical University. At the time of sale, the property was in dire need of restoration. The redevelopment of such real estate is relatively expensive. By comparison, the yield perspectives in the urban district of Harburg are limited. After just under one year on the market the house was sold at a price of clearly under €500.-/ m²/ living space.

• Town: Hamburg
• District: Eimsbüttel
• Year built: Around 1900
• Year of the transaction: 2010

The existing building structure is ailing and, to be precise down at the heels and non existent. The neighbourhood of the property is essentially characterised by residential buildings and smaller business units. A legally applicable urban development plan is available. A relatively speedy evaluation of the total property value was possible in this connection. The intention is to build a multi-storey residential building with supplementary retail areas on the ground floor. When selling to a private investor a price of approx. €850,-/ m²/ gross floor space was achieved.

• Town: Hamburg
• District: Heimfeld
• Year built: Around 1890
• Year of the transaction: 2007

At the time of the sale, the house was in a bad structural condition and only partly rented. The purchase price was correspondingly set at a low price of roughly 380 € per m2, which was also appropriate to the surroundings. The grantee is a master craftsman experienced in redevelopment.

• Town: Hamburg
• District: Heimfeld
• Year built: About 1937
• Year of the transaction: 2004

Housing estate with a back-log of renovation and a need for repair. The old owner had the property in possession of the small craft business without having a successorship agreement. He could not finance the carrying out of repairs. The new owner is a financially strong private investor.

• Town: Hamburg
• District: Heimfeld
• Year built: Around 1960
• Year of the transaction: 2005

The relatively solid rented house was managed by the old owner himself for many years. As he reached retirement age, he decided to sell the object. The grantee is a local businessman.

• Town: Hamburg
• District: Ottensen
• Year of the transaction: 2002

The position in the densely built-up housing area negatively influenced the medium-term economic survival of the firm. On the other hand, there was also an advantageous alternative for the conversion of the space. The purchase price paid by the cooperative housing company was correspondingly high.

• Town: Hamburg
• District: Bahrenfeld
• Year built: Around 1936
• Year of the transaction: 2002

The relatively large company grounds were only partially required for the business. Considerable resources of the property were not used. We worked out various alternative tenancy forms and types. In the meantime, the plot has been sold and used for a new commercially used structure.

• Town: Hamburg, city outskirts
• Year built: Around 1970
• Year of the transaction: 2002

An acceptable successorship agreement for the firm could not be reached. The sale to a self-user was so an appropriate solution.

• Town: Hamburg
• District: Winterhude
• Year of the transaction: 1998

The old owner had erected makeshift buildings on the plot after the war. The plot was sold to the owner of the shopping centre directly adjoining it. The new owner then had the opportunity to reorganize and functionally enhance his shopping centre.

• Town: Hamburg
• District: St. Pauli
• Year built: 1960
• Year of the transaction: 2007

This district, for a long time somewhat run-down, has increasingly gained the interest of investors in recent years. The quarter is now in demand as a residential area for wealthy groups. The plot had spaces that had not yet been built on. It was sold to a private purchaser who intends to construct a supplementary residential building on it.

• Town: Hamburg
• District: St. Pauli
• Year built: Around 1900
• Year of the transaction: 2006

The building substance is in high need of restoration. Clearing and new construction is probably the best alternative. Because of existing planning rights and the relatively small size of the plot, however, a new construction requires a somewhat demanding concept. The grantee is a local project developer.

• Town: Hamburg
• District: Wandsbek
• Year built: 1960
• Year of the transaction: 2008

The residential building located on spacious property was sold to a Swedish investor.

• Town: Hamburg
• District: Altona
• Year built: 1960
• Year of the transaction: 2003

The seller had a steel dealer business at this location. The city-centre position within a residential area and the changed logistic requirements appeared to make a move away necessary. The grantee is an entrepreneur who can adequately utilize the advantages of the location for his varied business in the real-estate sector.

• Town: Hamburg
• District: St. Georg/li>
• Year built: Around 1920
• Year of the transaction: 2001

The company, active in the market for many years, stopped its activities. The real estate that the company had in its possession was sold. The development of the property that had been originally planned could not be realized up till then. The building shown above has in the meantime also been sold by the original purchaser.